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Which Is The Real Doomsday Plan: The Fiscal Cliff Or The Debt Ceiling Showdown?

Source: EconoSpeak, Dec 5 2012, 5:50pm CST

I agree with Ezra Klein and apparently the Congressional Republicans that it is the latter, see http://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/05/the-gops-bizarre-doomsday-plan . The former is ju ...

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Update
10

1 hour ago

Hagel: It was furlough 680,000 or deepen readiness crisis

Source: Standard-Examiner  |   May 23 2013, 5:36pm CDT

Defense Secretary Chuck Hagel ordered the furlough of 680,000 civilian employees for one day a week, from early July through September, to avoid taking deeper cuts in training and maintenance, which could have ...

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Update
9

2 hours ago

Rubio Misleads On Debt Ceiling In Floor Speech Blocking Budget Process

Source: Think Progress  |   May 23 2013, 4:46pm CDT

In a floor speech Wednesday, Sen. Marco Rubio (R-FL) falsely claimed that the debt ceiling is critical to saving future generations from inheriting a crippling national debt. Rubio, who is widely expected to seek his party’s presidential nomination in 20 ...

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Latest Politics News

 
Update
8

2 hours ago

Cruz To McCain: "There May Be More Whacko Birds In The Senate Than Is Suspected"

Source: Real Clear Politics  |   May 23 2013, 4:24pm CDT

SEN. TED CRUZ (R-TX): "The senior Senator from Arizona has impugned the Republicans by claiming repeatedly that it is only a minority of Republicans who are opposed to raising the debt ceiling on just 50 votesâŚIt has [also] been suggested that those of ...

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Update
7

3 hours ago

Ted Cruz to McCain: “There may be more ‘wacko birds’ in the Senate than you think”

Source: Hot Air  |   May 23 2013, 3:41pm CDT

Via Joel Gehrke, a scene from the intramural debate over the debt ceiling between Maverick and the Paul/Lee/Cruz tea-party coalition. If you read Erika’s post last night, you already know the background. The t ...

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Update
6

4 hours ago

FreedomWorks Stands with Senators Lee, Cruz, Paul and Rubio to Prevent Another Closed-Door Debt Ceiling Increase

Source: PR Newswire  |   May 23 2013, 2:24pm CDT

WASHINGTON, May 23, 2013 /PRNewswire-USNewswire/ -- Following an intense debate on the Senate floor, FreedomWorks stands with Senators Mike Lee (UT), Ted Cruz (TX), Rand Paul (KY) and Marco Rubio (FL) in their objections to Senator John ...

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Update
5

4 hours ago

What Exactly Did Boehner Promise at Williamsburg?

Source: The Corner  |   May 23 2013, 2:02pm CDT

In House Republicans’ discussions over the upcoming debt-ceiling fight, conservative lawmakers are revisiting an agreement struck at the GOP’s Williamsburg, Va., retreat in January. At the retreat, Republicans adopted a ...

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Update
4

5 hours ago

State Senate Rejects Increases To Gas Tax, Tobacco Tax

Source: New Hampshire Public Radio | NHPR  |   May 23 2013, 1:31pm CDT

The state Senate has rejected a proposal to increase the state’s gas tax. The bill had already passed the House, and would have increased the tax by 12 cents, or 67 percent. Republican Senator Jeb Bradley said such an increa ...

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Update
3

8 hours ago

CBO: ‘Large Debt Increases Risk of Fiscal Crisis, During Which … Government Would be Unable to Borrow…’

Source: CNSNews.com  |   May 23 2013, 10:31am CDT

(CNSNews.com) - In its latest budget projections, released this month, the Congressional Budget Office warns that interest payments on the federal government's debt will more than double in the coming decade, that an expected increase in tax revenues to ...

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10 hours ago

The Zacks Analyst Blog Highlights: Bank of America, JPMorgan Chase, Goldman Sachs, Morgan Stanley and Wendy's

Source: PR Newswire  |   May 23 2013, 8:38am CDT

CHICAGO, May 23, 2013 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and t ...

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1

11 hours ago

Kansas revenues would rise under Republican tax plans

Source: Wichita Business Journal  |   May 23 2013, 7:39am CDT

A digest of important news from sources selected by our local editors. Delivered weekday mornings. State revenues would increase by between $497 million and $821 million over a five-year period, depending o ...

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